- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Day: December 4, 2013
December 42013
Traders Buy Yen amid Fed Tapering Concerns
The Japanese yen was rising today, getting help from speculations that the US Federal Reserve will reduce the scale of its asset purchases as early as this month. The currency has started to lose its gains, but stays above the opening level for now. The Federal Reserve will announce its policy decision on December 18. Traders speculate that the US central bank may reduce its asset-purchasing program, which […]
Read more
December 42013
Bank of Canada Keeps Rates Steady; Loonie Falls
The Canadian dollar is falling against its major counterparts today as the Bank of Canada keeps rates steady. Citing concerns about the Canadian economy, the BOC is keeping rates low, which has the effect of weakening the loonie. The Bank of Canada announced that it would keep its benchmark rate at 1 per cent, the level it’s been at for three years. Prior to the installment of Stephen Poloz as the new Governor of the BOC, there […]
Read more
December 42013
US Dollar Gets Boost from ADP Report
US dollar is headed higher today, gaining ground as the latest ADP employment is released. With this positive news, there is an expectation that the Fed really will start tapering its asset purchases soon. Speculation that the Federal Reserve will start tapering asset purchases is on the rise again, thanks in large part to the fact that the latest private payroll report shows better than expected […]
Read more
December 42013
Polish Zloty Weakens as NBP Keeps Interest Rates Record Low
The Polish zloty declined today after the nation’s central bank kept interest rates unchanged at the record low level for the fifth consecutive meeting. The National Bank of Poland left interest rates unchanged at today’s meeting, including the reference rate, which stayed at 2.5 percent. Such decision was widely expected by analysts. There were speculations that cuts of borrowing costs in other countries may force Polish policy makers to do […]
Read more
December 42013
Aussie Drops as GDP Grows Slower
The Australian dollar dropped today as nation’s economic growth slowed last quarter, being below analysts’ estimates. This led to concerns about potential interest rate cut from the Australian central bank. Australian gross domestic product expanded 0.6 percent in the third quarter of 2013 on a seasonally adjusted basis. GDP rose 0.7 percent in the preceding quarter and economists have thought that the economy would maintain this rate of expansion. […]
Read more
December 42013
EUR/USD Drops on ADP Employment, Rebounds
EUR/USD slumped sharply today after the ADP employment report came out much better than was expected. Yet the currency pair bounced back to the opening level by now. As usually, nonfarm payrolls are released the same week as ADP data and are by far more important report. The nonofficial report may help traders to assess the state of the labor market ahead of payrolls, but it often is quite different to official […]
Read more